President Donald Trump remains unwilling to let even the slightest perceived undercut to his administration go unanswered. In the midst of ongoing trade battles with any economic partner he can get his metaphorical hands on, he lashed out on Twitter this Thursday morning at the suggestion that everything is not going according to plan.
‘The Wall Street Journal has it wrong, we are under no pressure to make a deal with China, they are under pressure to make a deal with us. Our markets are surging, theirs are collapsing. We will soon be taking in Billions in Tariffs & making products at home. If we meet, we meet?’
The acute driver of his latest ranting is a report from the Journal that indicates that trade talks may proceed later this month involving the U.S. and China in the face of mounting domestic pressure for the Trump administration to make a deal. That deal would put an end to at least one aspect of the president’s lashing out, which has put billions and billions of dollars of Chinese imports under tariffs. Among the tariffs — which affect closer allies like Canada and Mexico too — are a 25 percent tax on steel and a 10 percent one on aluminum.
Those taxes aren’t just going to enact some kind of economic utopia. They’re continuing to put U.S. companies that rely on global integration in harm’s way, with the original tariffs themselves and retaliatory taxes others like China have imposed putting everything from nails and cars to soybeans and farm equipment on the chopping block.
It’s flatly wrong for the president to assert that he’s under no political pressure to make a deal. We don’t need a report from the Wall Street Journal to see that. Just this week, nearly 100 business groups announced a new coalition to take on the president and his tariffs. Called “Americans for Free Trade,” the group will be collecting and sharing stories of those affected by the trade wars through means including online resources and in-person town hall style events.
Trump, meanwhile, keeps tweeting.
Check out Twitter’s response below.
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